Freight Rates

The New ConTex index continued its positive trend, with all container ship size sectors showing gains in time charter rates

Panama Canal auction prices for transit slots have reached record highs this month, driven by lower water levels.

The Baltic Dry Index (BDI) rose 0.7% on Friday to 2,863, recovering from a four-day losing streak.

Kamsarmax dry cargo vessels around 10 years old are seeing strong sales activity, with two specific vessels changing hands

Western Bulk forecasts profitability in 2026, despite a $6.6 million first-half loss, supported by stronger dry bulk markets

Indonesia's central bank is expected to hold rates, while key economic data from China, Taiwan, and Japan are due.

Extreme weather, especially low water levels, is increasing inland shipping freight rates and affecting logistics costs.

Hapag-Lloyd has returned to profit in Q2, attributing the turnaround to increased fronthaul volumes and better spot rates.

Chinese buyers are accelerating forward purchases of new-crop U.S. soybeans, setting the stage for a strong export season

Xeneta's market update reveals the Middle East conflict's expanding impact on long-term ocean freight contracts and capacity.

Container shipping rates saw a second consecutive weekly increase, primarily due to rising transpacific prices.

The Port of Long Beach recorded its busiest month of 2026 in July, with strong import and export volumes.

Panama Canal draft restrictions are a wildcard for the upcoming US peak season, limiting vessel stowage for some carriers

HMM reported higher Q2 2026 earnings, yet its first-half net profit dropped significantly due to rising costs.

HMM forecasts rising market uncertainty in Q3 due to new tariffs and ongoing port congestion, following mixed financial results.

Waberer's Group reported a 9.4% revenue increase to 435 million euros in H1 2026, with logistics revenue up nearly 7%

India has reinstated its cabotage waiver for foreign carriers, aiming to boost transshipment and policy stability.

Maersk aims to fully restore container services via the Suez Canal and Bab el-Mandeb due to better Red Sea security.

Maersk's bunker fuel costs climbed by 9.9% to $3.5 billion in H1 2026, influenced by crude oil prices and Middle East supply.

Ongoing fuel supply issues in Russia are severely impacting the road transport sector, causing freight prices to surge.

HMM's first-half profit dropped by 37% as market uncertainty grew, despite a late May container rate rebound.

Maersk reports strong earnings and volumes, but warns of persistent port congestion and inland network strains impacting global supply…

Hapag-Lloyd saw higher freight volumes and rates in Q2 2026, but the Strait of Hormuz crisis added $600M in costs

Maersk has again raised its full-year profit forecast, driven by strong Q2 demand and higher freight rates.

A closure of the Strait of Hormuz, coupled with supply chain issues and strong demand, has elevated container freight rates

The Baltic Dry Index (BDI) recorded its third daily decline, dropping 3.5% to 2,939 points, the lowest since August 4.

Container freight rates from North Asia to South America are expected to remain high in August due to persistent disruptions.

Oil tanker freight rates from the Black Sea to the Mediterranean have hit record highs due to recent drone attacks

Yang Ming anticipates geopolitical factors and tariffs will shape the container shipping market in the second half of the year

Ocean freight rates from Asia to the US East Coast have reached new highs, driven by sustained import volumes and an early peak season.